Within my first week with SFI, I have always had a budget to work with. It included a standing order to qualify as Executive Affiliate (EA), and a S-Builder Co-op unit. Since then, PSAs-to-go have been introduced.
The ideal budget to start with to build an SFI business should include all the above, and a 30 pack of Gift cards for prospecting. You can find the cost of each item and add it up.
If you have the financial resources and willingness to set up such a budget, I would highly recommend you do so. You will be handsomely rewarded and will start seeing results faster.
However, there is more than a budget in being successful with SFI on the long term. Financial resources are only one aspect. There are other majors components that need to be incorporated in our business development strategy. Sales of TripleClicks products, sponsoring from our warm markets as well as advertising in all locations of potential prospects, promoting Pricebenders auctions and Eager Zebra games should be integral parts of our strategy.
One second important aspect is to have a financial strategy.
Our budget should also help us build a solid foundation of business grow, make progress on a constant basis. From this, our business should generate more resources for further investments and sustained growth.
We need to avoid making the mistake to spend the whole investment budget, even in very worthy expenditures, and exhaust it without making any significant progress and without generating new financial resources to sustain the investment efforts and move the business forward.
less
Within my first week with SFI, I have always had a budget to work with. It included a standing order to qualify as Executive Affiliate (EA), and a S-Builder Co-op unit. Since then, PSAs-to-go have been introduced.
The ideal budget to start with to build an SFI business should include all the above, and a 30 pack of Gift cards for prospecting. You can find the cost of each item and add it up.
If you have the financial resources and willingness to set up such a budget, I would
...
more